FX Markets - 25 Jun 2018
Articles in this issue
Mark Johnson out of prison on bail
Former HSBC currency boss allowed out on bail while his appeal is pending
NYDFS fines Deutsche Bank $205m for FX
Fines relate to practices between 2007 and 2013, when Deutsche was the world’s largest dealer by market share
Buy side spends big on OMS/EMS, says Greenwich Associates
Nearly a quarter of buy-side firms’ technology budgets go on accessing these tools, survey finds
MahiFX launches data analytics tool
MFX Echo will help traders identify “highly impactful behaviour” to inform trading decisions
Northern Trust partners Lumint for FX solutions
The partnership supports further innovations in hedging programme management and analytics
Citadel hires Findlay in London
Iain Findlay joins the hedge fund from Citi as an FX options trader
Phil Weisberg joins oneZero’s advisory board
The firm hopes to use his institutional market insight as it seeks new opportunities
Crown Agents Bank appoints Pitts
David Pitts takes up senior adviser role
Towner and Scott move to JCRA from HiFX
The two men join the independent FX adviser as the buy side increasingly seeks impartial FX management advice
BNP Paribas makes raft of senior appointments in the Americas
The senior appointments flow from the bank's desire to consolidate its position in the region on the back of significant growth
Margolis swaps FXLM for private banking
Adam Margolis becomes head of FX advisory at Citi’s private bank after more than seven years in the bank’s FXLM team
Roland White joins LMAX Exchange in institutional sales
He takes up newly created role of head of institutional sales
Flow Traders goes live to make FX splash
With 700-plus approved counterparties and significant in-house flows from its ETP business, Flow Traders prepares to realise its FX ambitions
China’s response to tariffs vital for EM units – City Index
US-China trade dispute could slow pace of hikes, leading to potential relief rally in EM currencies